Download or read book Realistic Cost Estimating for Manufacturing 3rd Edition written by Michael Lembersky and published by SME. This book was released on 2016-01-04 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most effective way to generate an estimate of a new product’s cost engineering change cost, or innovation cost is through a detailed cost investigation. Analysis of the available materials and processes leads to the most economical and financial decisions. Now in its third edition, Realistic Cost Estimating for Manufacturing has been used by students and practitioners since 1968 in this endeavor. Revised and expanded, the book recognizes the extremely important role estimating is playing in today’s highly competitive global economy. Realistic Cost Estimating for Manufacturing provides a survey of the myriad manufacturing processes and practices and combines this with in-depth explanations and examples of costing methods and tools. A comprehensive, standardized approach to their application is given. Among the manufacturing processes surveyed are: machining, casting, stamping, forging, welding, plastics technology, finishing, and rapid prototyping. To develop realistic baseline estimates, an engineering or costing professional must have an in-depth understanding of costing methods and techniques. As a fundamental reference, the book provides insight into the art, science, and functions of cost estimation in a wide range of activities: product design and manufacturing, engineering change control, proposal development, make or buy studies, identifying cost reduction opportunities, component costing, reverse engineering, benchmarking, and examining alternative processes, materials, machines, and tooling. As examples, it will aid the practitioner in efforts to justify the replacement or improvement of existing technology with new creative solutions; perform a feasibility study; develop a basis for cost-oriented decision support; improve supply chain evaluation and sourcing analysis; and minimize costs. The third edition has been greatly enhanced with new chapters and material dedicated to the roles of economics and finance, cost reduction, continuous improvement, plastic parts, electronics cost estimating, costing studies, advanced manufacturing processes, and quality costs. Further, the existing chapters have been significantly expanded to include new processes and operations and examples to enhance learning. Since nontraditional technology is widely applied in manufacturing, its costing aspects are also explored. Five Appendices provide additional information on productivity based on efficiency, cost reduction, matching part features to manufacturing processes, packaging cost, and inspection and measurement costs. As with its previous editions, instructors of cost estimating courses can rely on the book to provide a solid foundation for manufacturing engineering courses and programs of study. The book is also useful for on-the-job training courses for engineers, managers, estimators, designers, and practitioners. It can be applied in seminars and workshops specifically dedicated to product or component cost reduction, alternative cost analysis, engineering change cost control, or proposal development. As in the previous editions, there are multiple equations and calculation examples, as well as end-of-chapter questions to test student’s knowledge. An instructor’s guide is also available.

Download or read book Realistic Cost Estimating for Manufacturing written by William Winchell and published by Society of Manufacturing Engineers. This book was released on 1989 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains material on the use of software, organization strategies in cost estimating, new types of costs, learning curves, and much more. Topics presented include manufacturing costs, standard vs. actual costs, cost in relation to product volume, analysis, types of estimates, cost estimating controls, cost requests from other departments, evaluating supplier quotes, calculating selling prices, and much more.

Download or read book Estimating and Costing for the Metal Manufacturing Industries written by Robert Creese and published by CRC Press. This book was released on 1992-08-25 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: This practical reference/text provides a thorough overview of cost estimating as applied to various manufacturing industries, with special emphasis on metal manufacturing concerns. It presents examples and study problems illustrating potential applications and the techniques involved in estimating costs.;Containing both US and metric units for easy conversion of world-wide manufacturing data, Estimating and Costing for the Metal Manufacturing Industries: outlines professional societies and publications dealing with cost estimating and cost analysis; details the four basic metalworking processes - machining, casting, forming, and joining; reveals five techniques for capital cost estimating, including the new AACE International's Recommended Practice 16R-90 and the new knowledge and experience method; discusses the effect of scrap rates and operation costs upon unit costs; offers four formula methods for conceptual cost estimating and examines material-design-cost relationships; describes cost indexes, cost capacity factors, multiple-improvement curves, and facility cost estimation techniques; offers a generalized metal cutting economics model for comparison with traditional economic models; and more.;Estimating and Costing for the Metal Manufacturing Industries serves as an on-the-job, single-source reference for cost, manufacturing, and industrial engineers and as a text for upper-level undergraduate, graduate, and postgraduate students in cost estimating, engineering economics, and production operations courses.;A Solutions manual to the end-of-chapter problems is available free of charge to instructors only. Requests for the manual must be made on official school stationery.

Download or read book Product Manufacturing and Cost Estimating using CAD CAE written by Kuang-Hua Chang and published by Academic Press. This book was released on 2013-07-01 with total page 571 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the second part of a four part series that covers discussion of computer design tools throughout the design process. Through this book, the reader will... - ...understand basic design principles and all digital design paradigms. - ...understand CAD/CAE/CAM tools available for various design related tasks. - ...understand how to put an integrated system together to conduct All Digital Design (ADD). - ...understand industrial practices in employing ADD and tools for product development. - Provides a comprehensive and thorough coverage of essential elements for product manufacturing and cost estimating using the computer aided engineering paradigm - Covers CAD/CAE in virtual manufacturing, tool path generation, rapid prototyping, and cost estimating; each chapter includes both analytical methods and computer-aided design methods, reflecting the use of modern computational tools in engineering design and practice - A case study and tutorial example at the end of each chapter provides hands-on practice in implementing off-the-shelf computer design tools - Provides two projects at the end of the book showing the use of Pro/ENGINEER® and SolidWorks® to implement concepts discussed in the book

Download or read book Cost Engineering written by Chris Domanski and published by CRC Press. This book was released on 2020-04-28 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today’s hyper-competitive, global marketplace, a manufacturing company needs a competitive edge if it is to survive and grow. That edge could be anything from superior manufacturing technology to innovative product design; from patent protection to solid, well-established customer relationships. One competitive edge available to all manufacturers, but realized by only a few, is the ability to accurately measure, control, and optimize costs throughout a product’s entire life cycle. The lack of a methodology to engineer cost optimization into every product makes attaining and maintaining profitability all that the more difficult. Cost Engineering provides a means for a manufacturer to achieve and sustain profitability by designing and manufacturing products to specific cost requirements. It incorporates a variety of proven methodologies including cost estimating, cost control, and cost optimization. Features: Describes the components and organization of an effective cost optimization process Provides detailed explanations of cost estimating techniques for many of the most common manufacturing processes Explains the selection and use of appropriate cost allocation methods Presents the fundamentals of cost-based negotiation Includes both proper and improper executions of cost engineering principles The details presented in this book are important to design engineers, manufacturing engineers, buyers, accountants, cost estimators, cost optimization specialists, and their managers and provides CEOs, COOs, general managers, product line managers, and plant managers with guidance on improving and sustaining profitability. .

Download or read book Cost Estimator s Reference Manual written by Rodney D. Stewart and published by John Wiley & Sons. This book was released on 1995-04-03 with total page 744 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today's hypercompetitive global marketplace, accurate costestimating is crucial to bottom-line results. Nowhere is this moreevident than in the design and development of new products andservices. Among managing engineers responsible for developingrealistic cost estimates for new product designs, the number-onesource of information and guidance has been the Cost Estimator'sReference Manual. Comprehensive, authoritative, and practical, the Manual instructsreaders in the full range of cost estimating techniques andprocedures currently used in the fields of development, testing,manufacturing, production, construction, software, generalservices, government contracting, engineering services, scientificprojects, and proposal preparation. The authors clearly explain howto go about gathering the data essential to preparing a realisticestimate of costs and guide the reader step by step through eachprocedure. This new Second Edition incorporates a decade of progress in themethods, procedures, and strategies of cost estimating. All thematerial has been updated and five new chapters have been added toreflect the most recent information on such increasingly importanttopics as activity-based costing, software estimating,design-to-cost techniques, and cost implications of new concurrentengineering and systems engineering approaches to projects. Indispensable to virtually anyone whose work requires accurate costestimates, the Cost Estimator's Reference Manual will be especiallyvaluable to engineers, estimators, accountants, and contractors ofproducts, projects, processes, and services to both government andindustry. The essential ready-reference for the techniques, methods, andprocedures of cost estimating COST ESTIMATOR'S REFERENCE MANUAL Second Edition Indispensable for anyone who depends on accurate cost estimates forengineering projects, the Cost Estimator's Reference Manual guidesthe user through both the basic and more sophisticated aspects ofthe estimating process. Authoritative and comprehensive, the Manualseamlessly integrates the many functions--accounting, financial,statistical, and management--of modern cost estimating practice.Its broad coverage includes estimating procedures applied to suchareas as: * Production * Software * Development * General services * Testing * Government contracting * Manufacturing * Engineering * Proposal preparation * Scientific projects * Construction This updated and expanded Second Edition incorporates all the mostimportant recent developments in cost estimating, such asactivity-based costing, software estimating, design-to-costtechniques, computer-aided estimating tools, concurrentengineering, and life cycle costing. For engineers, estimators, accountants, planners, and others whoare involved in the cost aspects of projects, the Cost Estimator'sReference Manual is an invaluable information source that will payfor itself many times over.

Download or read book Manufacturing Cost Estimating written by Phillip F. Ostwald and published by . This book was released on 1980 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Realistic Cost Estimating for Manufacturing written by Michael Lembersky and published by . This book was released on 2016 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Realistic Cost Estimating for Manufacturing written by and published by . This book was released on 1968 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Conceptual Cost Estimating Manual written by John S. Page and published by Gulf Professional Publishing. This book was released on 1996-06-14 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book What Every Engineer Should Know about Manufacturing Cost Estimating written by Eric M. Malstrom and published by CRC Press. This book was released on 1981-07-01 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Manufacturing Standard Costing Practical Handbook written by Constance Holtzhausen and published by Independently Published. This book was released on 2019-12-26 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today's manufacturing industry, direct material costs can be the most significant expense, but labour cost is typically the next most significant expense of a manufacturing business, or any business, perhaps even the biggest expense. It can be devastating not to maintain a standard costing system, without which businesses cannot accurately establish the costs of their products.The Manufacturing Standard Costing Practical Handbook is aimed at all persons from the fields of controlling, production engineers and who are involved in determining standard costs for products. stress-relief management.

Download or read book Systems Cost Engineering written by Dale Shermon and published by Gower Publishing, Ltd.. This book was released on 2009 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Parametric cost estimating models are flexible tools which bring engineering, scientific and mathematical rigour to cost and schedule estimating, but great tools alone will not keep programs affordable. Tools must be applied as part of a credible process if estimates and analyses are to be accepted. Complex major projects involving engineering, hardware, software, service and IT, all suffer from two basic problems: the project sponsors often struggle to specify the project effectively, and project managers find themselves wrestling with unpredicted cost or schedule overruns. Everyone wants to be successful with the tools and solutions they use, so this book is a comprehensive collection of methods with proven success. The applications described by Dale Shermon and his co-authors have evolved over 30 years of cost engineering experience during which time they have been matured by the parametric community. Each chapter explores a different application of parametrics, based on real-life case examples, providing you with a detailed guide to the rationale and value of cost engineering in a different industry or program context. Systems Cost Engineering will help cost engineers, project and program directors, and the champions that support them, to understand and apply parametrics to ensure that their programs: * offer a credible analysis of alternative cost options * are never initiated with insufficient funding because of inaccurate estimates of cost or quantification of risks * are never diverted from their objective because of a lack of credible cost management * share and communicate knowledge of realistic and dynamic cost and productivity metrics amongst the program team * are never derailed by surprise cost overruns or schedule delays The information in this book will give projects sponsors and bid managers confidence in the business case that they are developing and enable them to communicate a clear and transparent picture of the risks, opportunities and benefits to stakeholders and project owners.

Download or read book Handbook of Manufacturing Engineering Second Edition 4 Volume Set written by Richard Crowson and published by CRC Press. This book was released on 1996-07-17 with total page 1142 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides single-source coverage on the full range of activities that meet the manufacturing engineering process, including management, product and process design, tooling, equipment selection, faciltiy planning and layout, plant contruction, materials handling and storage, method analysis, time standards, and production control. The text examines every topic involved with product and factory development, parts fabrication, and assembly processes.

Download or read book Cost Analysis of Electronic Systems written by Peter Sandborn and published by World Scientific. This book was released on 2013 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding the cost ramifications of design, manufacturing and life-cycle management decisions is of central importance to businesses associated with all types of electronic systems. Cost Analysis of Electronic Systems contains carefully developed models and theory that practicing engineers can directly apply to the modeling of costs for real products and systems. In addition, this book brings to light and models many contributions to life-cycle costs that practitioners are aware of but never had the tools or techniques to address quantitatively in the past.Cost Analysis of Electronic Systems melds elements of traditional engineering economics with manufacturing process and life-cycle cost management concepts to form a practical foundation for predicting the cost of electronic products and systems. Various manufacturing cost analysis methods are addressed including: process-flow, parametric, cost of ownership, and activity-based costing. The effects of learning curves, data uncertainty, test and rework processes, and defects are considered. Aspects of system sustainment and life-cycle cost modeling including reliability (warranty, burn-in), maintenance (sparing and availability), and obsolescence are treated. Finally, total cost of ownership of systems and return on investment are addressed.Real life design scenarios from integrated circuit fabrication, electronic systems assembly, substrate fabrication, and electronic systems managementare used as examples of the application of the cost estimation methods developed within the book.

Download or read book Factory Operations written by Richard Crowson and published by CRC Press. This book was released on 2005-12-21 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume two of the second edition of the comprehensive Handbook of Manufacturing Engineering illuminates the role of the manufacturing engineer as the key component of factory operation. The focus is on the planning and instruction duties that are critical to successful operations management, which fall upon the manufacturing engineer who may be unf

Download or read book Chemical Engineering Economics written by D.E. Garrett and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 431 pages. Available in PDF, EPUB and Kindle. Book excerpt: least, the author wishes to thank his constantly helpful wife Maggie and his secretary Pat Weimer; the former for her patience, encouragement, and for acting as a sounding-board, and the latter who toiled endlessly, cheerfully, and most competently on the book's preparation. CONTENTS Preface / iii 1. INTRODUCTION / 1 Frequently Used Economic Studies / 2 Basic Economic Subjects / 3 Priorities / 3 Problems / 6 Appendixes / 6 References / 6 2. EQUIPMENT COST ESTIMATING / 8 Manufacturers' Quotations / 8 Estimating Charts / 10 Size Factoring Exponents / 11 Inflation Cost Indexes / 13 Installation Factor / 16 Module Factor / 18 Estimating Accuracy / 19 Estimating Example / 19 References / 21 3. PLANT COST ESTIMATES / 22 Accuracy and Costs of Estimates / 22 Cost Overruns / 25 Plant Cost Estimating Factors / 26 Equipment Installation / 28 Instrumentation / 30 v vi CONTENTS Piping / 30 Insulation / 30 Electrical / 30 Buildings / 32 Environmental Control / 32 Painting, Fire Protection, Safety Miscellaneous / 32 Yard Improvements / 32 Utilities / 32 Land / 33 Construction and Engineering Expense, Contractor's Fee, Contingency / 33 Total Multiplier / 34 Complete Plant Estimating Charts / 34 Cost per Ton of Product / 35 Capital Ratio (Turnover Ratio) / 35 Factoring Exponents / 37 Plant Modifications / 38 Other Components of Total Capital Investment / 38 Off-Site Facilities / 38 Distribution Facilities / 39 Research and Development, Engineering, Licensing / 40 Working Capital / 40